Who Owns Grubhub? (Your Full Guide)
Grubhub is one of the most popular food delivery services in the United States. It has become an integral part of many people’s daily lives, providing convenience and a wide selection of restaurants to choose from. But who actually owns GrubHub? Is it DoorDash, Amazon, Instacart, Uber, or someone else? Let’s find out!
Who Owns Grubhub?
Grubhub is owned by Just Eat Takeaway, a Dutch-based food delivery giant that has become the world’s largest online food delivery company. Just Eat Takeaway acquired Grubhub for $7.3 billion in 2020, a deal that made it one of the largest mergers in the food delivery space. Just Eat Takeaway is now responsible for the operations of Grubhub and its subsidiaries, including Seamless and Eat24.
Who Is the CEO of Grubhub?
The CEO of Grubhub is Adam DeWitt, who has been at the helm since 2021. DeWitt took over from Grubhub founder and former CEO Matt Maloney who left after Just Eat Takeaway acquired the company.
Before taking the reins of Grubhub, DeWitt was a Board Member at Ritchie Bros, a Canadian firm specializing in selling industrial equipment. He was a member of their Board for almost three years, and prior to that, he served as Grubhub’s President and Chief Financial Officer in 2018 and 2011, respectively.
Does Amazon Own Grubhub?
Amazon does not own Grubhub. As mentioned earlier, the company is currently owned by Just Eat Takeaway. Although Amazon does offer its own food delivery service, Amazon Restaurants, it has no ownership in Grubhub.
Does DoorDash Own Grubhub?
DoorDash does not own Grubhub. Though the two companies do compete in the same space and offer similar services, they remain independently owned and operated.
Does Instacart Own Grubhub?
Again, the answer is no. Instacart does not own Grubhub and remains a separate entity with its own operations. Although Instacart did have a special promotion with Grubhub in 2021-2022, both companies remain distinct and separate entities.
Does Uber Own Grubhub?
Uber has no ownership of Grubhub. With its own food delivery service, Uber Eats, Uber has no stake in Grubhub.
This rumor is likely due to the fact that Uber famously attempted to merge with Grubhub in 2020 in hopes of creating a powerful company that could take over the food delivery market. However, those talks ultimately fizzled out. Uber’s bid was ultimately unsuccessful, and Grubhub was sold to Just Eat Takeaway instead.
Although the official statement from Uber cited bid competition, many suspected that antitrust concerns might have played a role in the negotiations breakdown. Having a combined Uber/Grubhub would have created a monopoly in the food delivery space. So, with its location in Europe, Just Eat Takeaway was a better fit.
Who Owns Grubhub Seamless?
Just Eat Takeaway owns Grubhub Seamless. Grubhub acquired Seamless in 2013, and after the acquisition of Grubhub by Just Eat Takeaway, Seamless is now part of the larger company. In other words, Just Eat Takeaway is a parent company of both Grubhub and Seamless.
What Companies Does Grubhub Own?
Grubhub owns a few different companies, some of which include:
- LevelUp – a mobile ordering and payment platform that Grubhub acquired for $390M in 2018.
- Eat24 – an online food ordering and delivery service acquired by Grubhub for $287.5M in 2017.
- Tapingo – a mobile ordering platform for college campuses that Grubhub acquired for $150M in 2018.
- Foodler – an online food delivery service acquired by Grubhub for $51.6 million in 2017.
By acquiring these companies, Grubhub has been able to expand its reach and provide more comprehensive services to its customers.
As it stands, Just Eat Takeaway is the owner of Grubhub and its subsidiaries, which are responsible for the operations of these companies.
How Much Is the Owner of Grubhub Worth?
Just Eat Takeaway, the parent company of Grubhub, is currently worth an estimated $5.50 billion as of February 2023.
Matt Maloney, who was the founder and former CEO of Grubhub, is estimated to be worth an impressive $150 million.
Who Owns Just Eat Takeaway Shares?
Since Just Eat Takeaway is a publicly-traded company, its shares are largely owned by institutional investors and other large entities.
Some of the largest shareholders of Just Eat Takeaway include:
- J. Groen – 7.24%
- Caledonia (Private) Investments Pty Limited – 6.25%
- UBS Group AG – 5.88%
- S.A. Klarman – 5.13%
- Cat Rock Capital Management LP – 4.94%
- BlackRock Inc. – 4.89%
- Templeton Global Advisors Limited 3.13%
As it stands, neither Amazon, DoorDash, Instacart, nor Uber owns Grubhub. Instead, the company is owned by Just Eat Takeaway, who acquired it in 2020. Matt DeWitt currently serves as CEO of Grubhub, replacing Matt Maloney, who was the former CEO.